Calamos has been a pioneer in alternative investing for more than two decades,
including the Calamos Market Neutral Income Fund, one of the first liquid alternative
mutual funds established in 1990. We also offer a long/short strategy.
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Account Access
Individual Investors with accounts set up directly with Calamos can gain immediate access to monthly and quarterly
reports. If you have questions if your account is set up directly with Calamos or have other questions about your
account please contact a Calamos Shareholder Service Representative at 800-582-6959 (Mon-Fri, 8 am to 5 pm central time)
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TAX CENTER

The Calamos Closed-End Funds pay out distributions for each common share each month. You should know how much you received in distributions as you prepare your taxes since the IRS classifies distributions as reportable income.

2012 Closed-End Fund Tax Details

* These per share amounts represent the portion of the ordinary income dividend from the fund that may be taxed at a lower rate of 15% (or 0% for shareholders in the 15% or lower tax bracket) rather than the higher marginal rates applicable to ordinary income.

Qualified dividends are generally defined as distributions from domestic corporations and certain qualified foreign corporations. A portion of a fund's dividend may not qualify for the lower tax rates if it is derived from non-qualified sources, such as interest income and short-term gains. Please note that the reduced rate applies to qualified dividends through 2012. Beginning on January 1, 2013, qualified dividends paid to shareholders in the top bracket will be taxed at a rate of 20%. In addition, shareholders may be subject to an additional 3.8% tax on their net investment income under The Patient Protection and Affordable Care Act of 2010.

The amount of your dividend that is eligible for the lower tax rates is reported in Box 1b of your Form 1099-DIV mailed in January or early February 2013. To be eligible for the lower tax rates, you must have held your shares for at least 61 days during the 121-day period beginning 60 days before the ex-dividend date of the fund. The ex-date is the date on which the dividend is deducted from the fund's per-share net asset value. Shareholders may not count the day on which the shares were purchased or acquired by reinvesting dividends. The day shares are sold may be counted.